Shanghai Yimin Commercial Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 02:18 pm IST
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Shanghai Yimin Commercial Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 247.736 million compared to CNY 389.300 million a year ago. Operating income was CNY 6.333 million compared to CNY 80.516 million a year ago. Net income was CNY 2.413 million compared to CNY 63.462 million a year ago. Basic earnings per share from continuing operations was CNY 0.002 compared to CNY 0.06 a year ago.
Shanghai Yimin Commercial Group Co Ltd is a China-based company mainly engaged in commercial wholesale and retail, commercial property leasing, pawn industry, catering and tourism services. The commercial wholesale and retail business is mainly engaged in the wholesale and retail of underwear, gold jewelry, photographic equipment and bedding. Commercial property leasing operations are mainly engaged in the leasing and operation of shops, office buildings and factories. The hotel, catering and tourism business is mainly engaged in building characteristic hotels and providing catering and other services. The company also engages in pawn, senior care and online sales services. The Company mainly operates its businesses in the domestic market.
SHANGHAI YIMIN COMMERCIAL GROUP CO., LTD. 
